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Lowest Mortgage Rates in History: What It Means for Homeowners and Buyers
In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history.1 And while many Americans have rushed to take advantage of this unprecedented opportunity, others question the hype. Are today’s rates truly a bargain? While average mortgage rates have drifted between 4% and 5% in recent years, they haven’t always…
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Advice | Buyers | Commentary | Guides | Humor | Live The Dream | Marketwatch | Negotiation
Five tips to follow to get your lowball offer accepted
It’s like clockwork – something bad happens that could potentially affect the real estate market, and buyers think it’s their time to start snagging up homes for dimes on the dollar. Investors buyers make a good living buying up real estate for wholesale prices and they consistently make up a small segment of purchasers. Unfortunately,…
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5 Steps to Finding Your Next Home
Whether you’re a first-time buyer or a seasoned homeowner, shopping for a new home can feel daunting. In fact, 56% of buyers said that “finding the right property” was the most difficult step in the home buying process.1 Buying a home is a significant commitment of both time and money. And a home purchase has…
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Advice | Buyers | Marketwatch | Tech
Everything You Need to Know About iBuyers and the “Instant Cash Offer”
Technology is changing the way we do almost everything, and real estate transactions are no exception. In fact, a new crop of tech companies wants to revolutionize the way we buy and sell homes. iBuyer startups like Opendoor, Offerpad, and Properly are rapidly expanding into new territories, and now established players, like Zillow, are starting to…
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Buyers are you worried when your pre-approval letter says you are approved for more?
A colleague recently asked if he should get a new approval letter for his buyer. The reason was that he was negotiating on a house, and was planning on offering less than the approval amount that the buyer could afford. I’ve also been in a situation where my buyer has cash in the bank for…
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Snowbird Condos in South Florida – Lauderdale Oaks in Lauderdale Lakes
Previously we wrote about our favorite collection of condominiums that are favored by Snowbirds throughout South Florida and today we are adding Lauderdale Oaks in Lauderdale Lakes to the selection because so many of our clients have discovered the community. Lauderdale Oaks is located along Oakland Park Boulevard in central Broward between I-95 and the…
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Can I use my condo in South Florida as a short-term rental or Vacation Rental By Owner?
Your Guru gets asked every now and again to help a buyer, who fancies himself/herself an investor, locate a condo that can make a little income (or perhaps a lot of income) on the side. You should know that there are virtually NO condos in the area that allow AirBnB, VRBO or short term rentals….
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Homes for sale in the Lakeside Elementary School District in Pembroke Pines
Pembroke Pines is known for its great schools and Lakeside Elementary is considered to be one of the best. Lakeside Elementary has a Great Schools rating of 8 out of 10. Parents give complements to the great teachers, the involvement of the local PTA and a great administrative staff. If you’re looking for a home…
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Homes for sale in the Panther Run Elementary school district in Pembroke Pines
Pembroke Pines is known for its great schools and Panther Run Elementary is considered to be one of the best. Panther Run elementary school has a Great Schools rating of 8 out of 10. Parents give complements to the school’s diversity, the well-qualified teachers, an amazing auditorium, after-school clubs and plenty of activities. If you’re…
